A. H. Robins got $35 million in revolving credit
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The money from Manufacturers Hanover Trust Co. of New York, Bank of Virginia and Central Fidelity Bank of Richmond will provide working capital to cover operating expenses for the Richmond, Va.-based Robins, which filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code last month in the wake of litigation over its Dalkon Shield contraceptive device. U.S. District Judge Robert R. Merhige Jr., who must approve the loans, has scheduled a hearing for Saturday.
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